NYSE:GVA - Granite Construction Stock Price, Forecast & News

Granite Construction trades on the New York Stock Exchange (NYSE) under the ticker symbol "GVA."

Granite Construction announced a quarterly dividend on Friday, December 6th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.13 per share on Wednesday, January 15th. This represents a $0.52 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Monday, December 30th. View Granite Construction's Dividend History.

Granite Construction Inc. (NYSE:GVA) announced its quarterly earnings results on Friday, October, 25th. The construction company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $1.41 by $0.98. The construction company had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.15 billion. Granite Construction had a negative return on equity of 4.63% and a negative net margin of 3.11%. The business's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.43 earnings per share. View Granite Construction's Earnings History.

Granite Construction is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Granite Construction.

4 equities research analysts have issued 12 month target prices for Granite Construction's stock. Their forecasts range from $26.00 to $61.00. On average, they expect Granite Construction's share price to reach $39.50 in the next year. This suggests a possible upside of 48.8% from the stock's current price. View Analyst Price Targets for Granite Construction.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Construction in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Granite Construction.

Headlines about GVA stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Granite Construction earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Granite Construction.

Granite Construction saw a increase in short interest in December. As of December 31st, there was short interest totalling 7,840,000 shares, an increase of 29.4% from the December 15th total of 6,060,000 shares. Based on an average daily trading volume, of 1,080,000 shares, the days-to-cover ratio is presently 7.3 days. Currently, 16.9% of the shares of the company are short sold. View Granite Construction's Current Options Chain.

Some companies that are related to Granite Construction include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Primoris Services (PRIM), Ameresco (AMRC), Great Lakes Dredge & Dock (GLDD), Aegion (AEGN), Argan (AGX) and Tutor Perini (TPC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Construction investors own include U.S. Silica (SLCA), Applied Materials (AMAT), Alibaba Group (BABA), JD.Com (JD), Enterprise Products Partners (EPD), AT&T (T), Hain Celestial Group (HAIN), TENCENT HOLDING/ADR (TCEHY), AbbVie (ABBV) and Ford Motor (F).

Granite Construction's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.99%), First National Bank of Omaha (0.18%), Zeke Capital Advisors LLC (0.11%), Zurcher Kantonalbank Zurich Cantonalbank (0.08%), State of Alaska Department of Revenue (0.08%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Granite Construction stock include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View Institutional Ownership Trends for Granite Construction.

GVA stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, First National Bank of Omaha, Tompkins Financial Corp and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Granite Construction.

GVA stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Louisiana State Employees Retirement System and Zeke Capital Advisors LLC. Company insiders that have bought Granite Construction stock in the last two years include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View Insider Buying and Selling for Granite Construction.

Shares of GVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GVA stock can currently be purchased for approximately $26.55.

Granite Construction has a market capitalization of $1.24 billion and generates $3.32 billion in revenue each year. The construction company earns $42.41 million in net income (profit) each year or $2.34 on an earnings per share basis. Granite Construction employs 5,700 workers across the globe.View Additional Information About Granite Construction.

The official website for Granite Construction is http://www.graniteconstruction.com/.

Granite Construction's mailing address is 585 WEST BEACH ST, WATSONVILLE CA, 95076. The construction company can be reached via phone at 831-724-1011 or via email at [email protected]